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- 258 Results (129 Replies, 129 Comments)
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Chancy replied Nov 15, 2023Red news items 1.30 pm. More surprises ? Mind you Retail sales is -0.1% forecast so wait & see.
Gold
- Chancy replied Nov 14, 2023
When the $ depreciates Gu can go up that way it acts as a hedge on $ value. A hedge in terms of money finance not a hedge in the garden.
trade on gold
- Chancy replied Nov 14, 2023
Last time CPI was 0.2 Gu went up $50 in the subsequent few days, that was July.
trade on gold
- Chancy replied Nov 12, 2023
Perma Gold bull me. Reason Gold is not $4-$5 k is world banks are desperate so they just keep on selling on the futures market. Paper money vs. reality . One of my favourites Meddle. Echoes sublime solo.
Gold
- Chancy commented Nov 10, 2023
It's baffling as to just how much oil there is in the world. 50 years ago they said we'd be run out by now !
Oil Forecasters See Saudi Arabia Extending Supply Cut Into 2024
- Chancy replied Nov 6, 2023
My own take of a Monday morning. Price will chop about as per usual $4.00-$7.00. Seeing the 1970 getting tested again. It'll bounce off that to reach 2000. When these levels are reached is not easy to say. 1970 by Thursday ? 2000 by next week or the ...
Gold
- Chancy commented Nov 5, 2023
Is the demand there ? Are people driving more or less ? Getting near winter in the northern hemisphere. 9 million bpd is still a heck of a load of oil.
Saudi Arabia to continue voluntary 1 million bpd oil output cut for December
- Chancy commented Nov 2, 2023
Suppose banks are engaged in one vast game of poker. Maybe in some Star Trek future earth will just have one currency. You keep on thinking Chancy that's what you're good at.
Swiss Regulators, Banks Discuss Measures to Prevent Bank Runs; Bank Measures Could Include...
- Chancy commented Nov 2, 2023
Just guessing . The Japanese banks borrow their own money the Yen at next to nothing and buy U.S. dollars and £ . So, they get interest at over 5%. So at some point they'll buy the Yen. Meanwhile their exports are boosted.
Japan's Suzuki: We're not in a position where we can say deflation won't return
- Chancy replied Oct 31, 2023
It's going down to test test support at old resistance. If support is found then it will go up to test the resistance at the highs.
Gold
- Chancy commented Oct 31, 2023
The good intentioned writer of this article only mentions the daily RSI. The weekly and monthly RSI a different reading. An old trader once told me indicators can stayed pegged.
Gold Price’s Suspicious Daily Rally
- Chancy replied Oct 31, 2023
Whilst not in agreement with all you say it is bombs made in U.S. that are killing the children as well as the adults. Actually it is also with weapons from UK . France and EU as well. Then the politicians ask for peace, well maybe if the weapons ...
Cable Update (GBPUSD)
- Chancy commented Oct 13, 2023
The UN calls on Israel to withdraw the evacuation order, arguing it is "impossible" for Palestinians to fully comply.
UN says Israel wants all Palestinians in north Gaza - 1.1m people - to move to south within 24...
- Chancy replied Oct 9, 2023
Bit of a dumb move this , way out of the money. lucky to break even.
Gold